G11 - Week 5 - Day 2

In-class work

1. Questions on Exercises 4-7 (p. 82)
2. Cross Price Elasticity of Demand and its Determinants
1. Exercises 11-13 (p. 87)
3. Income Elasticity of Demand
1. Exercises 14-16 (p. 89)
4. Price Elasticity of Supply and its Determinants
1. Exercises 17-20 (p. 95)
5. Applications of Elasticity (PED, XED and YED)

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From the blogosphere

1. Is happiness inequality falling?
2. The Education Algorithm

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Currently Reading

The Happiness Manifesto

“It makes no sense if a nation’s current well-being comes at the expense of its future well-being,” (Kindle Locations 233-239) and that, “sustainability can be thought of as creating future happiness – human happiness that lasts over time” (Kindle Locations 446-448).